These 3 Huge Dividends Are Still Pricey (but These 41 Aren’t)

Has the market bottomed, or are we headed for another leg down before we can start to even think about any upside? It’s a debate that will be with us for a while yet. But maybe not in every corner of the market. Because there’s a funny thing happening with closed-end funds (CEFs) : for some of these high-yield investments, the recovery has already come. Let me explain. In a selloff, a CEF can get hit in a couple ways, namely from the market and from investors. In the case of regular stocks, these are the same. But for CEFs, there’s a key difference: while CEFs trade on the open market, like stocks, they have a fixed number of shares (hence the name“ closed -end funds”).… Read more